FXStreet reports that gold (XAU/USD) remains above key in-range support at $1765/55. Strategists at Credit Suisse look for a fresh swing higher in the range.
“Gold is edging its way higher after holding key inrange price support at $1765/55, and we look for strength back to the 200-day average at $1827. A close above here is needed to open the door to a move back to more important resistance at $1917/66.”
| Raw materials | Closed | Change, % |
|---|---|---|
| Brent | 76.57 | 1.55 |
| Silver | 25.954 | -0.88 |
| Gold | 1806.957 | 0.05 |
| Palladium | 2824.7 | -0.62 |